In: Finance
Profit Margin and Debt Ratio
Assume you are given the following relationships for the Haslam Corporation:
Sales/total assets | 1.4 |
Return on assets (ROA) | 4% |
Return on equity (ROE) | 7% |
Calculate Haslam's profit margin and liabilities-to-assets ratio. Do not round intermediate calculations. Round your answers to two decimal places.
Profit margin: _______%
Liabilities-to-assets ratio: ______%
Suppose half of its liabilities are in the form of debt. Calculate the debt-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places. ________%